Why You Should Think Twice Before Joining Symmetry Financial Group
If you’re contemplating a career with Symmetry Financial Group (SFG), it’s crucial to pause and reevaluate. My personal experience with this organization was disheartening, and I want to share the insights that might save you from making the same mistake.
The Reality Behind the Sales Pitch
Though SFG portrays itself as a legitimate life insurance agency, the underlying structure resembles that of a multi-level marketing (MLM) operation. Here are some key points to consider before diving in:
1. Recruitment Over Sales
While the facade is that of a life insurance business, the actual focus is on recruiting new agents. Success is primarily attributed to building your team rather than selling policies. The emphasis is on expanding your network rather than honing sales skills.
2. Financial Burden of Employment
Unlike traditional employment, you’re classified as a 1099 contractor, which means you’re responsible for your own training, licensing, and lead generation costs. Unfortunately, many of the leads you pay for can be outdated or unresponsive, leading to frustration and increased expenses.
3. The Myth of Work-Life Balance
SFG touts flexibility, yet the reality is far from it. The expectation is to work relentlessly to make a profit, leaving little time for personal life. You’ll find yourself in a constant cycle of reaching out to leads and attending appointments, often with little reward for your efforts.
4. Complete Commission-Based Pay
All income is derived from commission, creating an environment where financial instability is the norm. If you’re unable to close deals, your earnings can dwindle to nothing. This lack of a base salary or benefits can be particularly daunting for newcomers.
5. A Culture of Toxic Positivity
Criticism is often unwelcome within the company. If you’re facing challenges, the typical response will be that you’re not committed enough or simply not following the prescribed methods. This attitude can create a stifling atmosphere that discourages open dialogue about struggles.
6. High Employee Turnover Rates
The attrition rate within SFG is substantial, and it’s not necessarily due to a lack of effort. Many individuals find themselves misled by the promises that initially attracted them. The company benefits from this high turnover, as each new hire represents more lead purchases and potential downline commissions.
Final Thoughts
If you’re someone who thrives under pressure, is highly motivated, and doesn’t
